The Lakeshore Hotel's occupancy-days and custodial supplies expense over the last seven months were as follows: 10 10 points Month March April May June July August September Occupancy- Days 18,500 12,900 15,600 30,000 27,000 18,800 15,500 Custodial Supplies Expense $ 14,220 15,500 18,280 23,900 29,100 21,190 19, 250 Skipped eBook Occupancy-days are a measure of the overall activity at the hotel. For example, when a guest stays at the hotel for three days, it is counted as three occupancy-days. Print References Required: 1. Using the high-low method, estimate a cost formula for custodial supplies expense. (Round the "Fixed cost" to the nearest dollar amount and "Variable cost" to 2 decimal places.) Y = 1. Using the high-low method, estimate a cost formula for custodial supplies expense. (Round the "Fixed cost" to the nearest dollar amount and "Variable cost" to 2 decimal places.) 10 Y= + 10 points Skipped 2. Using the cost formula you derived above, what amount of custodial supplies expense would you expect to be incurred at an occupancy level of 14,000 occupancy-days? (In your computations, round "Variable cost per unit" to 2 decimal places and final answers to the nearest dollar amount.) eBook Print Amount References Variable cost Fixed cost Total cost $ 0